There Are Still 16 Meme Stocks With at Least 100% Gains in 2021
- GameStop, AMC and Koss all up triple digits despite selloff
- Unwind could take weeks longer: National Securities’ Hogan
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While it may seem that the “meme stock” mania is dissipating following GameStop Corp.’s $27 billion wipe-out, there are still 16 companies whose shares are up triple digits this year.
Of the 50 stocks that Robinhood originally put on its restricted list, roughly a third have doubled or more in price in 2021, while only six are lower year-to-date. Leading the pack is Naked Brand Group Ltd., whose shares are 546% higher this year. Koss Corp. is up 528% while GameStop shares are still hanging onto a gain of 317%.